Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. Don’t get complacent.

Compliance 109

Compliance FDIC Strategy Fintech 109

Independent Banker

AUGUST 26, 2015

When Leto took the executive helm last year of Bryn Mawr Trust’s parent company, it was operating a very small insurance agency that was hardly making money. “We So, today, no matter the size of a client, we can address his or her insurance and risk management needs.”.

Operations 70

Operations Community Bank Community Management 70

Abrigo

AUGUST 26, 2016

Does senior leadership do a good job of communicating its top priorities? Sageworks Senior Risk Management Consultant Rob Ashbaugh said many financial institutions are focusing on portfolio growth in order to offset the profit-pinching effects of low interest rates and thin margins.

Survey 150

Survey Risk Management Leadership Strategy 150

PYMNTS

SEPTEMBER 27, 2019

BankiFi operates APIs to enable banking clients access to a range of business banking infrastructure to augment their own small business and corporate banking operations. Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35

Payments 149

Payments Capital Taxes Lending 149

Gonzobanker

MAY 7, 2018

Progress made in the efficiency ratio has primarily been achieved by: greater interest income through lending activity; a near-zero cost of funds environment; and. limited marginal operating expenses needed to do larger commercial and commercial real estate deals. Median assets per employee increased from $5.2 million to $6.1

Leadership 87

Leadership Operations Lending Strategy 87

Independent Banker

DECEMBER 31, 2021

That’s followed by residential mortgage lending (36.3%), small business lending (32.1%), commercial and industrial (C&I) lending (30%) and agricultural lending (23.6%). Badger Bank is having trouble finding staff “across the board,” from operations to tellers and trust officers. “We Click to enlarge.

Community Bank 144

Community Bank Community Lending Louisiana 144

Independent Banker

MAY 24, 2016

This leaves federal crop insurance support as a key risk-management tool. It’s a crucial risk-management tool” for 1.7 million farms and the community banks that lend to them each growing season, Scanlan points out. It’s a crucial risk-management tool” for 1.7 Robert Johansson, USDA economist.

Community Bank 70

Community Bank Kansas City Community Iowa 70

PYMNTS

SEPTEMBER 30, 2016

million funding round over the weekend, with the corporate expense management company seeing funding from Sabadell Venture Capital, Venturecap, Bankinter, Telegraph Hill Capital and Kibo Ventures. With the new funds, Captio said it will focus on expanding its operations within the corporate travel and employee expense management space.

Capital 100

Capital blockchain Management Lending 100

Gonzobanker

DECEMBER 17, 2021

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Lifetime Leadership Achievement Awards.

Fintech 147

Fintech Strategy Leadership Lending 147

Gonzobanker

DECEMBER 22, 2020

Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. BCU has worked tenaciously to create a near-lights-out lending process with its consumer originations. The Data Award Goes to Citizens Business Bank , Ontario, Calif.

Idaho 181

Idaho Community Industry Strategy 181

Gonzobanker

AUGUST 8, 2016

Whether it’s for core, online banking, lending or payments system conversions, GonzoBankers out there are finding successful conversions are as much about project LEADERSHIP as they are about project MANAGEMENT. The quicker issues are escalated, the quicker the vendor can respond. Well happy un-bottling, decanting and tasting.

Resources 60

Resources Management Data System 60

Abrigo

SEPTEMBER 14, 2022

Takeaway 3 Financial institutions should consider the impact of this rule and prepare for changes to their business operations. Online lenders, platform lenders, and fintechs should also consider sending feedback to the CFPB and considering the ways their operations might be affected. Proposed Rule. The proposed rule , unveiled Sept.

Lending 195

Lending Data Regulation Community 195

Gonzobanker

MAY 8, 2020

So far, bankers have taken comfort in the soundbite that “this crisis is different” because of the strong capital levels and risk management rigor that has developed since the Great Recession. Practice the art of surgical lending. For instance, Wells and Chase just shut down all home equity lending.

Lending 114

Lending Analytics Analysis Capital 114

Independent Banker

JUNE 30, 2022

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. By Ed Avis.

Community Bank 172

Community Bank Community National Philadelphia 172

Gonzobanker

DECEMBER 20, 2019

And Partners CEO John Janclaes helped put Kony on the market map in mid-size shops, even keynoting Kony’s conference with a leadership book in tow. If you think of teams that take early system adoption risk, manage it well and get an edge on the competition as a result, you probably don’t think first of a $1 billion credit union in Kalamazoo.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

AUGUST 17, 2016

Now, the top challenge organizations face in turning data into an asset is leadership. Anyone running a BI team knows that managing technology is easier than setting specific priorities across the enterprise. So, from my experience, here’s the four-point plan for business intelligence leadership. BI = Leadership Tool.

Leadership 60

Leadership Tools Big Data Risk Management 60

Gonzobanker

DECEMBER 14, 2023

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. Sounds like a cool strategy to build a smarter bank.

Fintech 195

Fintech Community Regional Technology 195

William Mills

MAY 9, 2018

A TON of really old technology is being used in mortgage lending. Presenter Profile: How they describe themselves: AI Foundry uses AI and user-guided machine learning to transform enterprise operations by integrating information, people and processes. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm.

Security 40

Security Samsung Strategy San Jose 40

Gonzobanker

DECEMBER 19, 2016

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Hats off to a decade of strong leadership and hard work. Gonzo Lifetime Leadership Award – John Glenn.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Hats off to a decade of strong leadership and hard work. Gonzo Lifetime Leadership Award – John Glenn.

Utah 60

Utah System Community Marketing 60

PYMNTS

APRIL 11, 2018

In an interview with PYMNTS via written exchange, Thomas Kimner , head of Global Marketing and Operations, Risk Management, at SAS Institute , said the legislation will provide improved credit access to consumers, noting the reduced requirements for mortgage origination and lending. Elizabeth Warren (D-Mass.)

Regulation 108

Regulation Capital Leadership Maine 108

FICO

JANUARY 5, 2023

With a weakening economy, BNPL firms have seen a rise in bad debts, growing losses, increased costs of operations and tumbling share prices. Some BNPL firms already are providing disclosures mandated by the Truth-in-Lending Act. There Will be Changes in the BNPL Market, but Major Regulatory Action Is at Least a Year Away.

Policies 52

Policies Company Regulation Risk Management 52